Davy Stockbrokers has appointed Vincent Crowley as its non-executive Chairman, replacing John Corrigan, who had previously signalled his intention to step down.
Mr Corrigan's retirement follows the completion of the sale of Davy to Bank of Ireland in June this year and a transition in the composition of the board.
Mr Crowley currently serves on the boards of Grafton Group, C&C Group and Altas Investments. He also serves on the board of Inner City Enterprise.
A former CEO and director of Independent News & Media and APN News & Media (Australia), he has extensive international commercial experience in Ireland, the UK, Australia, New Zealand, South East Asia, South Africa and France.
"As incoming chairman I wish to acknowledge the support and assistance provided by John in ensuring a seamless transition of ownership and governance for which we are most grateful," Mr Crowley said.
"Under new ownership and with the support of a top-class management team, exceptional staff and a reconstituted Board, I believe Davy is well positioned to enhance and extend its service offering for its clients and to further grow its franchise and its ambition over the coming years," he added.
The Davy board now comprises Vincent Crowley (Chair), Bernard Byrne (CEO), Eileen Fitzpatrick, Richard Goulding, Michele Greene, Ian McLaughlin and Rónán Murphy.
